Tuesday 11 May 2021

Coca Cola has started construction of Liberia plant and expects to double exports by 2024

The company will invest US$ 50 million and initially will generate employment for 130 employees

Construction of the Coca-Cola concentrate plant, in Liberia, Guanacaste, began last Saturday (July 21) and is expected go into operation on January 1, 2020.

Coca-Cola FEMSA is the anchor bottler of Coca-Cola and its related soft drink products in much of Latin America. The company is the bottler of Coca-Cola in half of Mexico, the Buenos Aires region of Argentina, São Paulo and other areas of Brazil, greater Guatemala City, Guatemala, most of Colombia, and all of Costa Rica, Nicaragua, Panama, Venezuela and the Philippines.

This US$50 million plant will replace the operation located in La Uruca, San José.

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The plant located in front of the Daniel Oduber Airport (LIR), inside the Zona Franca Solarium, when finished will be 34,000 square meters (366,000 square feet), almost double the 18,500 m² of the Uruca plant.

Dyalá Jiménez, the Minister of Foreign Trade stressed that this investment “will be a great contribution to the promotion of one of the priority objectives of this government: to increase development opportunities for the inhabitants of our areas located outside the large metropolitan area with high quality formal jobs”.

The new plant will produce concentrate of the well-known Coca-Cola drink and 89 more beverages that are exported to Central America, the Caribbean, Chile, Mexico, Brazil and Argentina.

How important is Coca-Cola for the Costa Rican export sector?

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Currently, Coca-Cola ranks first in exports in the food sector. Also, it is the third largest exporter of the Costa Rican goods industry.

In 2017, Costa Rica exported US$10.665 billion of goods, 7% more than in 2016.

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FACT CHECK:
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"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

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